ESG Critical Success factors
The set up and framing of your initiatives will shape your future success
Your ESG mandate
This is an important stage in ensuring that you have a collective responsibility to explore opportunities for improvement in the ESG Domain. This will include the relevant scope (1, 2,3) as well as the organisational and value chain reach.
Inclusion
Successful ESG change requires a culture shift not an imposition. Embracing the diversity of views of the various stakeholder groups (Investors, Shareholders, Employees, Customers, supply chain partners and Regulators) is critical to achieving sustainable systemic change.
Co-Creation
To enable coherent change, the participants need to feel that they are part of the process (scoping, designing, implementing)
Measurable
Objective (facts) and Engagement (attitudes) are both required to achieve success
Impact
Requires tracking, tracing, transparency and accountability as well as being open to learn from your organisation and others.